Bitcoin and Beyond

in #blockchain7 years ago (edited)

Exciting times it is, as we see our paradigm shifting with the emergence of bitcoin and altcoins to all time highs.
https://coinmarketcap.com/all/views/all/

Bitcoin has proven itself as a force to be reckoned with. As the news seeps into mainstream media, more and more central bankers are coming out about this blockhain technology, and it is becoming ever more convincing that the fiat world as we know it, is giving way to a new way of life.

The fundamental concept of decentralization behind the blockchain technology was never about greed, but encourages transparency, resilience and 'trustless-ness', where trust is placed on the technology itself. As we witness, this concept validate itself more and more, we can anticipate further advancements beyond bitcoin and the blockchain technology. Bitcoin whitepaper: https://bitcoin.org/en/bitcoin-paper

As this excitement looms in the air still, it makes for one to ponder what this means for the future of humanity. As the ever-increasing number of miners are getting in on the frenzy, more are building hydro-powered electrical systems, solar-farms to power the engine that is, bringing forth the new and out with the old. The signs of breaking free from this oligarchical petro-backed fiat mentality is abound. So let us embrace, put forth our collective positive energies and bring forth what we are destined for. That is greatness!

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The fundamental concept of decentralization behind the blockchain technology was never about greed, but encourages transparency, resilience and 'trustless-ness', where trust is placed on the technology itself.

^ 100% agree. Great article!

Thanks! Followed you. :)

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